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Course Ethereum: analysis of market news, January 4, 2019

As of 17:30 GMT 4 Jan market Ethereum is estimated at $15.9 billion, According to CoinMarketCap, over the past 24 hours, the volume of market capitalization Ethereum ranged from $15.3 billion to $16.3 billion.

From the start of trading on 3 January noted a steady decline in total average daily trading volumes at the ETH – from $3.3 billion to $2.7 billion at the moment.

Статистика CoinMarketCap
Statistics CoinMarketCap

Price Ethereum paired with the US dollar ran into resistance sales at $155,00. From a technical point of view, the formation on the chart ETH/USD pattern “double top” influenced the decision to take profits on long positions a significant part of short-term speculators.

Also, all the more strong deterrent effect on bullish investor sentiment is getting time approximation for rigid forks in Ethereum.

According to most experts in the period January 11-12 trades on Ethereum will be held at peak levels of daily volatility of the price of the cryptocurrency. Before the start of the forks of the CVF and the ENF is expected that the price of crypto-currencies will move in a horizontal direction within the price range of $156,00-140,00.

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